A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 4. Financing Activities 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.
A financial report that lists the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities. Transactions resulting from the production or purchase of merchandise and the sale of goods or services to customers, including expenditures related to administering the business. Transactions resulting from making and collecting loans or that involve purchasing and selling plant assets, other productive assets, or investments other than cash equivalents. 1. Indirect Method 2. Operating Activities Transactions with a 3. Statement of Cash Flows company's owners and creditors which include getting cash from issuing debt and repaying the amounts borrowed, and getting cash from or distributing cash to owners. 4. Financing Activities 5. Direct Method 6. Investing Activities A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts, such as receipts from customers, and subtracts the major classes of operating cash disbursements, such as cash paid for merchandise. A calculation that reports net income and then adjusts the net income amount by adding and subtracting items that are necessary to yield net cash provided or used by operating activities.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A financial report that lists
the cash inflows and
outflows for an accounting
period, and that
classifies those cash flows
as operating activities,
investing activities, and
financing activities.
Transactions resulting from
the production or purchase
of merchandise and the
sale of goods or services to
customers, including
expenditures related to
administering the business.
Transactions resulting from
making and collecting loans
or that involve purchasing
and selling plant assets,
other productive assets, or
investments other than
cash equivalents.
1. Indirect Method
2. Operating Activities
Transactions with a
3. Statement of Cash Flows
company's owners and
creditors which include
4. Financing Activities
getting cash from issuing
debt and repaying the
amounts borrowed, and
getting cash from or
distributing cash to owners.
5. Direct Method
6. Investing Activities
A calculation of the net
cash provided or used by
operating activities that
lists the major
classes of operating cash
receipts, such as receipts
from customers, and
subtracts the major classes
of operating cash
disbursements, such as
cash paid for merchandise.
A calculation that reports
net income and then
adjusts the net income
amount by adding and
subtracting items that are
necessary to yield net cash
provided or used by
operating activities.
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